Monarch Casino & Resort Stock Price, News & Analysis (NASDAQ:MCRI)

Monarch Casino & Resort trades on the NASDAQ under the ticker symbol "MCRI."

Monarch Casino & Resort, Inc. (NASDAQ:MCRI) released its earnings results on Wednesday, July, 24th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.04. The company earned $62.76 million during the quarter, compared to the consensus estimate of $61.20 million. Monarch Casino & Resort had a net margin of 14.01% and a return on equity of 11.24%. View Monarch Casino & Resort's Earnings History.

Monarch Casino & Resort is scheduled to release their next quarterly earnings announcement on Wednesday, October 23rd 2019. View Earnings Estimates for Monarch Casino & Resort.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Monarch Casino & Resort in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Monarch Casino & Resort.

News stories about MCRI stock have trended negative this week, InfoTrie Sentiment reports. The research firm scores the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Monarch Casino & Resort earned a news impact score of -2.6 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Monarch Casino & Resort.

Monarch Casino & Resort saw a decrease in short interest in the month of September. As of September 30th, there was short interest totalling 242,900 shares, a decrease of 16.9% from the August 30th total of 292,300 shares. Based on an average daily trading volume, of 41,500 shares, the short-interest ratio is currently 5.9 days. Currently, 2.0% of the company's shares are sold short. View Monarch Casino & Resort's Current Options Chain.

Some companies that are related to Monarch Casino & Resort include Boyd Gaming (BYD), Extended Stay America (STAY), Belmond (BEL), Red Rock Resorts (RRR), Xenia Hotels & Resorts (XHR), Penn National Gaming (PENN), Studio City International (MSC), GreenTree Hospitality Group (GHG), Playa Hotels & Resorts (PLYA), Twin River Worldwide (TRWH), Century Casinos (CNTY), Peak Resorts (SKIS), Red Lion Hotels (RLH), Full House Resorts (FLL) and The Castle Group (CAGU).

Based on aggregate information from My MarketBeat watchlists, some companies that other Monarch Casino & Resort investors own include Hawkins (HWKN), Micron Technology (MU), United Rentals (URI), Bank Of The Ozarks (OZRK), Pinnacle Entertainment (PNK), KEMET (KEM), BioMarin Pharmaceutical (BMRN), CA (CA), Exelixis (EXEL) and NVIDIA (NVDA).

Monarch Casino & Resort's stock is owned by a number of of institutional and retail investors. Top institutional investors include State of Alaska Department of Revenue (0.05%). Company insiders that own Monarch Casino & Resort stock include Ben Farahi and Bob Farahi. View Institutional Ownership Trends for Monarch Casino & Resort.

MCRI stock was purchased by a variety of institutional investors in the last quarter, including State of Alaska Department of Revenue. View Insider Buying and Selling for Monarch Casino & Resort.

Shares of MCRI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of MCRI stock can currently be purchased for approximately $42.54.

Monarch Casino & Resort has a market capitalization of $767.85 million and generates $240.32 million in revenue each year. The company earns $34.10 million in net income (profit) each year or $1.83 on an earnings per share basis. Monarch Casino & Resort employs 2,200 workers across the globe.View Additional Information About Monarch Casino & Resort.

The official website for Monarch Casino & Resort is http://www.monarchcasino.com/.

Monarch Casino & Resort's mailing address is 3800 S VIRGINIA STREET, RENO NV, 89502. The company can be reached via phone at 775-335-4600.